SBT to build new facility in Galva

State Bank of Toulon officials Monday announced plans to build a new facility at 210 Southwest Second Ave. in Galva.

“The 4,500-square foot building will bring together the latest in design and technology to enhance the customer’s banking experience,” said Douglas Parrott, STB president and CEO.

“We made a commitment to the Galva community in 1996 to provide community banking service with local decisions and feel that a new facility will allow us to grow and be a real community partner for many years to come. We are very proud to be a part of Galva and believe the residents will be very proud of the new facility that is being proposed,” Parrott said.

A groundbreaking ceremony was held at the location, formerly a lot for Gustafson Ford.

The new structure will feature an expanded lobby, drive-up ATM and two drive-through lanes.

There will also be plenty of cutover parking and easy access to all areas of the bank.

Parrott said of the bank’s current location at 112 N. Exchange St., “As with any older building we faced challenges with efficiencies not only with the utilities and condition of the actual structure, but also with customer service as well with limited parking and access limitations. With the new building we will be able to incorporate all of this into a beautiful new location that Galva deserves.”

Construction is to begin this month, with a projected completion date next summer or early fall. Johnson Building Systems of Galesburg is the lead contractor.

According to Parrott, the firm has built several banks and other buildings in the area.

“Paul Johnson and his team have always provided us with outstanding craftsmanship and leadership in other projects we have participated in during the past. We look forward to working with them once again,” he said.

SBT also has locations at 102 W. Main St. in Toulon, and the Kewanee Banking Center at 635 Tenney St.